Momentum Housing Data · Home Values · Brevard County
Buying here? See Cape Crossing homes for sale and the Cape Crossing community guide (Merritt Island).
Cape Crossing (Merritt Island, FL): 5 recorded closings in the 12 months ending 2026-09-20, a 7-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 94.3% of original asking; the median sale took 36 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $390,000 | $263 | 36 | 94.3% | 5 |
| 2024 | $482,000 | $325 | 83 | 92.7% | 3 |
| 2023 | $517,500 | $345 | 4 | 99.5% | 4 |
| 2022 | $419,900 | $287 | 90 | 96.2% | 7 |
| 2021 | $375,000 | $253 | 9 | 100.0% | 6 |
| 2020 | $363,000 | $272 | 40 | 97.4% | 8 |
| 2019 | $359,900 | $243 | 22 | 100.0% | 12 |
Over the recorded series, Cape Crossing’s median sold price moved from $359,900 (2019) to $390,000 (12 months ending 2026-09-20) — +8% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2019 at $359,900. The 2020–22 run-up did what it did everywhere — Cape Crossing’s median moved +17% from 2019 to 2022. Against the 2023 peak of $517,500, the current median stands at -25%. Annual sales volume here has ranged from 0 to 12 closings a year (10-yr average 5). With roughly 5 closings a year, Cape Crossing’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
From the live MLS feed as of 2026-10-01: 6 active listings (plus 0 pending) asking from $379,500 to $998,000, median $459,950; the homes listed or recently sold were built between 2017 and 2020 (median 2020); 11 of 11 listed or recently sold homes report an HOA, median $1,047/mo; none of the 11 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 9 ft); the features listings here most often name are Clubhouse, Fitness Center, Maintenance Grounds, Sauna, Boat Dock and Spa/Hot Tub. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Cape Crossing listings →
At Cape Crossing’s $390,000 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $6,090 a year in property tax before exemptions, or about $5,460 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Brevard County tax page.
Current asking prices run a median $430,000 against the $390,000 recorded sold median (+10%) — the gap between what sellers hope and what the record shows. The market is carrying about 16.8 months of supply at the current sales pace. Demand check: 0% of Cape Crossing’s listings are under contract, against 16% for ZIP 32920 and 26% for Brevard County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.
With asking prices running +10% over the recorded sold median, a Cape Crossing listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Cape Crossing are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Summer Place Condominium | $167,500 | $162 | 19 | 8 |
| Raintree-By-The-Lake | $345,000 | $222 | 4 | 7 |
| Villa De Palmas | $434,950 | $251 | 33 | 18 |
| Waterway Manor | $427,500 | $286 | 8 | 10 |
More Cape Crossing: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on information from the Space Coast MLS for the period 2018 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.